Guess Who’s to Blame for the Skyrocketing Cost of Higher Ed
Ever wonder why the cost of college always goes up, never goes down, and has been rising so much faster than inflation? The short answer is because out of control government has poured more and more funding into financial aid and loan programs since 1978, when federal aid first exploded. It’s another prime example of how good-intentioned liberalism has created another big, expensive mess for our society. Sometimes it’s better to base public policy on economic principles than to allow emotional appeals to “compassion” and “students” to repeatedly carry the day. Universities publish their “sticker price” but with all the financial...
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